Monterey Peninsula Foundation
Monterey Peninsula Foundation is a 501(c)(3) nonprofit philanthropic organization based in Monterey, California. Founded in 1937, the Foundation operates as a public charity with a primary mission centered on generating charitable funds through the hosting of world-class golf tournaments and strategically distributing those funds to support community needs across a tri-county region.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$50.7M
-1.0% YoY
Annual Giving
$17.4M
-4.0% YoY
Grant Count
201
+2.6% YoY
Avg Grant Size
$87K
-6.4% YoY
Mission & Focus Areas
Mission Statement: To enhance the quality of life in Monterey County and surrounding areas through the strategic disbursement of charitable funds generated by hosting the AT&T Pebble Beach Pro-Am and the PURE Insurance Championship.
Primary Focus Areas:
- Youth development and youth services
- Education (including K-12)
- Health and diseases/conditions
- Human services
- Arts and culture
- Environment and community development
The Foundation operates a place-based, responsive grantmaking strategy that spans a broad range of ages and community needs. The organization seeks to strengthen the web of services, programs, and support that contribute to healthy, vibrant communities. The Foundation often funds organizations over the longer term while remaining responsive to new opportunities to positively impact the region.
Grantmaking
The Foundation operates two grant cycles per year. Applicants must select a Grant Cycle before applying, with the Foundation requesting that agencies carefully consider which cycle is the best fit for their proposal.
Review Cycle
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How to Apply
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Geographic Focus
Where this funder awards grants
The Foundation serves a tri-county region:
- Monterey County
- Santa Cruz County
- San Benito County
The Foundation also makes grants in California, Texas, and Oregon.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $51,203,201
- Total Revenue: $21,486,200
- Total Expenses: $22,224,410
Assets & Revenue (2023):
- Total Assets: $46,900,000
- Total Revenue: $44,900,000
- Total Expenses: $50,200,000
- Total Liabilities: $6,960,000
Tax Status:
- 501(c)(3) nonprofit organization
- Tax-exempt since October 2015
- EIN: 94-2541783
- Four-Star rating with 97% score
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $50,692,748 | $51,203,201 | $46,862,488 |
| Revenue | $19,338,570 | $21,486,200 | $44,875,675 |
| Expenses | $21,396,299 | $22,224,410 | $50,214,969 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $942,377 | $785,393 | $-222,610 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
152 grants across all recorded years
Open Grants
3 open opportunities from Monterey Peninsula Foundation
Monterey Peninsula Foundation General Grants
MONTEREY PENINSULA FOUNDATION
Amount
Varies
Deadline
June 1, 2026
Monterey Peninsula Foundation Grants
MONTEREY PENINSULA FOUNDATION
Amount
US $1,000 - US $500,000
Deadline
Rolling / Open
Monterey Peninsula Foundation K-12 Grant
MONTEREY PENINSULA FOUNDATION
Amount
US $1,000 - US $500,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board & Executive Leadership:
- Steve John – CEO (highest compensated employee)
- Clint Eastwood – Chairman
- Peter Ueberroth – Vice Chairman
- Doug Mackenzie – Vice Chairman
- Jerry Yang – Director
- Cindy Zoller Silver – Executive Director
Additional board members include Ron Spears, William Perocchi, Heidi Ueberroth, Greg Jamison, and Geoff Couch.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLINT EASTWOOD | CHAIRMAN (THROUGH 6/26/25) | 1 | — |
| DOUG MACKENZIE | CHAIRMAN (AS OF 6/26/25) | 3 | — |
| HEIDI UEBERROTH | VICE CHAIRMAN (AS OF 6/26/25) | 3 | — |
| MURRAY DEMO | VICE CHAIRMAN (AS OF 6/26/25) | 1 | — |
| DAVID GILL | DIRECTOR | 1 | — |
| LORI LEE | DIRECTOR | 1 | — |
| WILLIAM PEROCCHI | DIRECTOR | 1 | — |
| ALEX SMITH | DIRECTOR | 1 | — |
| PETER UEBERROTH | VICE CHAIRMAN (THROUGH 4/22/25) | 1 | — |
| JERRY YANG | DIRECTOR | 1 | — |
| STEVE JOHN | CEO | 40 | $572,813 |
| JEANNE KLEINSORG | DIR OF FINANCE, SECRETARY | 40 | $159,575 |
| NANCY ENTERLINE | VP PHILANTHROPY | 40 | $249,167 |
| LILY HANSEN | SENIOR MARKETING MANAGER | 40 | $129,135 |
| ERIN WAREHAM | SENIOR SPONSORSHIP MGR | 40 | $129,135 |
| KATIE HOENES | PLAYER RELATIONS MGR | 40 | $112,292 |
| AMBRY CAPISTRANO | PHILANTHROPY PROGRAM MGR | 40 | $108,923 |
Recent News & Activity
Recent developments and announcements
In 2025, the Monterey Peninsula Foundation reached a significant charitable milestone by surpassing $250 million in lifetime giving since its inception. This achievement reflects the organization's sustained commitment to supporting local nonprofits and schools across the tri-county service area over nearly 80 years of operation.
Community Foundation for Monterey County offers $1.5M in scholarships thisSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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